Educational Foundation of the Nassau Suffolk (EIN 112905409) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

Andrea Parness

Tax Period

2023-11-01 to 2024-10-31

Educational Foundation of the Nassau Suffolk, founded in 1988, is a small nonprofit in the Community Improvement sector that reported $446K in total revenue in fiscal year 2023. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $82K, a strong 18% operating margin.

Mission

The Educational Foundation provides high quality continuing professional education, including a three day tax symposium.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $351,418

Investment Income $189

Other Revenue $94,252

TOTAL REVENUE $445,859

Expense Breakdown

Grants Paid $0

Salaries & Benefits $110,120

Fundraising Expenses $0

Program Expenses $343,058

Other Expenses $253,693

TOTAL EXPENSES $363,813

Year-over-Year Comparison

	2023	2022	Change
Revenue	$445,859	$268,119	+0.7%
Expenses	$363,813	$396,406	-0.1%
Net Income	$82,046	$-128,287	-1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kenneth Hauptman	Director	0.50	Director	$0	$0	$0
Karen Giunta	Director	0.50	Director	$0	$0	$0
Paula Sheppard	Director	0.50	Director	$0	$0	$0
Larry Bloom	Director	0.50	Director	$0	$0	$0
David Rothfeld	Director	2.00	Director	$0	$0	$0
Frank Gallo	Secretary	1.00	Officer Director	$0	$0	$0
Leilani Elias	Treasurer	1.00	Officer Director	$0	$0	$0
Robert Brown	Co-President Executive VP	5.00	Officer	$0	$0	$0
Andrea Parness	Co-President	5.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$445,859	$363,813	$325,820	$82,046
2023	$268,119	$396,406	$247,041	$-128,287
2022	$361,431	$353,494	$333,313	$7,937
2021	$330,366	$298,729	$373,286	$31,637
2020	$422,787	$442,891	$407,297	$-20,104
2019	$478,104	$484,799	$395,903	$-6,695
2018	$502,743	$439,102	$502,785	$63,641

Educational Foundation of the Nassau Suffolk